Home Business Life Trump warns China

Trump warns China

331
0

US president says he expects to move forward with the plans to raise tariffs to 25% from 1 January

Before the G20 meeting in Argentina on Friday, Trump used a newspaper interview to warn China that he expects to move ahead on the imposition of higher import tariffs on Chinese goods.

He stated that China’s request on postponing the tariffs, which are due January 1, is ‘highly unlikely’.

Trump, also indicated that Apple products such as iPhones and laptops made in China and imported to the US could be hit.

His comments triggered a sell-off in Apple shares, putting the company on course to lose its crown as the world’s most valuable firm, with Microsoft set to take the title in its place.


Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


 

LEAVE A REPLY

Please enter your comment!
Please enter your name here